The site claims Cameron "may want to have first shot at bringing one of the most ground-breaking science fiction films of its time back to the big screen. Imagine the new technology he could create for Robby the Robot."

IESB points out that Cameron has been interested in Forbidden Planet since 1998, as evidenced by this article at Ain't It Cool News.

As you may know, Forbidden Planet is basically a re-envisioning of Shakespeare's The Tempest. It follows the crew of an Earth ship bound for Altair IV, where an expedition team has gone missing. When the crew arrives they find that most of the expedition team has died. Only a scientist and his daughter are still alive – not counting his obedient robot Robby. The demented doctor has created an empire on the alien world. His loathing for things foreign to the world begins manifest itself through the alien world's advanced technology, especially once love blooms between the ship's captain and the scientist's daughter.

The original film was directed by Fred M. Wilcox and starred Walter Pidgeon, Anne Francis, and a young Leslie Nielson.